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silkennedy
New Member

Why is the unemployment compensation exclusion showing as an addition to income, on my HI state return?

 
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Mike9241
Level 15

Why is the unemployment compensation exclusion showing as an addition to income, on my HI state return?

until 4/16 just before midnight Hawaii did not exempt UC from taxation.  at about that time the law changed to exempt it. TurboTax needs time to update its software to reflect this.

https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=614&year=2021 

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2 Replies
Mike9241
Level 15

Why is the unemployment compensation exclusion showing as an addition to income, on my HI state return?

until 4/16 just before midnight Hawaii did not exempt UC from taxation.  at about that time the law changed to exempt it. TurboTax needs time to update its software to reflect this.

https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=614&year=2021 

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TomD8
Level 15

Why is the unemployment compensation exclusion showing as an addition to income, on my HI state return?

@Mike9241 --

 

According to the reference you provided, the last action on this bill was a referral to committee on March 12.  Can you provide a reference showing that the bill has been signed into law?  

 

The Hawaii tax website also describes the legislation as still pending.  See "Adoption of Federal Tax Provisions" in this reference:

Updates for Taxpayers | Department of Taxation (hawaii.gov)

**Answers are correct to the best of my ability but do not constitute tax or legal advice.**

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